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Michael 1716 posts

Coinbase focuses on digital wallets, NFTs, and more to boost crypto and Web3 adoption

Michael Dec 26, 2022
The leading cryptocurrency exchange in the United States, Coinbase, reportedly focuses on boosting the adoption of crypto assets and Web3 technologies. To "serve…

Coinbase claims it’s not all bad news despite hitting a record low

Michael Dec 22, 2022
According to the 2023 Crypto Market Outlook study from Coinbase, market participants continue to have a strong hunger for digital assets despite recent market…

Uniswap will enable customers to purchase crypto using debit and credit cards

Michael Dec 22, 2022
Users of the decentralized exchange will also be able to acquire cryptocurrencies via bank transfers. crypto may now be acquired using debit/credit cards,…

Cardano (ADA) Joins the Top Purchases of the Largest BNB Chain Whales

Michael Dec 20, 2022
The native token of Cardano is once again one of the most looked-at purchases by institutional investors on the BNB Chain platform. The top 100 investors in ADA…

CZ defends Binance exchange over CNBC questioning

Michael Dec 17, 2022
This week, reporters on CNBC interrogated Binance CEO Changpeng Zhao about a halt on USDC withdrawals. The CEO of Binance, Changpeng Zhao, was interrogated by…

Binance daily withdrawals climb above $2 billion amid reserves concern

Michael Dec 16, 2022
Concerns surrounding the condition of Binance's reserves have prompted a steady influx of withdrawals from the cryptocurrency exchange. According to statistics…

Tether facilitates Binance’s $3 billion USDT trade from Ethereum to Tron 

Michael Dec 16, 2022
Binance is moving 3 billion USDT from the Tron network to the Ethereum network with the support of Tether. A "chain swap" involving the transfer of 3 billion…

Bloomberg reports that Bahamas regulators examine FTX client withdrawals

Michael Dec 15, 2022
According to sources speaking to Bloomberg, the authorities in the Bahamas are investigating whether or not the management of FTX knew about or had a part in the…

Jim Cramer of CNBC describes XRP, Solana, and Dogecoin as “Giant Scams”

Michael Dec 13, 2022
Jim Cramer, head of the "Mad Money" segment on CNBC, has called XRP, Solana, and Dogecoin a "huge fraud" for failing to establish their worth beyond being…

Binance’s proof of reserves raises concerns

Michael Dec 13, 2022
There are a number of causes for alarm, including the organizational setup, crypto liabilities, and the quality of internal controls. Accounting and financial…
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